🅰️Auto WST (3,3)
Auto Compound
WisteriaSwap implemented the “PCV” (Protocol Controlled Liquidity) system of DeFi 2.0, eliminating the obligation to provide significant incentives to WST-BUSD Liquidity Providers(LPs). Therefore, WisteriaSwap has added an Auto Compound system to provide more incentives to WST token holders.
Users can only stake WST in “Auto WST” and receive the effect of compounding rate on time. Auto-compounding, as the word explains, means that the holders of WST will not have to manually re-stake WST every so often in order to get the APY.
What are the fees for the Auto WST Pool?
Deposit fee: 0%
Unstaking fee
2% if you unstake (withdraw) within 72 hours.
After 72 hours, you can withdraw with no fee.
The unstaking fee timer resets back to 72 hours every time you stake more WST.
Performance fee
2,5% of each yield harvest, which is subtracted automatically. For example, if the harvest was 1 WST, then 0.025 WST would be subtracted as the performance fee.
What would be the best way for me to use the Auto WST Pool?
Stake your WST, but only withdraw them after 72 hours (3,3). This way you only pay for the performance fee, and not the unstaking fee.
Fees generated through Auto WST are used for WST Token Burn.
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